For 37 years, Drake Software has provided tax professionals the tools they need
to build their businesses and attract new clients. A steady focus on value, consistent
excellence in federal and state programming, and free electronic filing makes Drake
a smart choice for professional tax software.
Located in scenic Franklin, NC, Drake Software is a rapidly growing company committed
to providing quality employment opportunities, participating in community development,
and advancing technologically through research and development.
Quick Facts
Headquarters –
Franklin, NC
Business Started –
1977
Employees –
325+
TY 2012 Customers –
More than 42,000
TY 2011 E-File Statistics –
Over 21 million federal and state accepted returns
Federal e-File –
Available since 1986. Internet e-file available since 1998.
State e-File –
Available since 1993
History
The Drake family has influenced the business community in Franklin since 1954, when
Clyde Drake, father of the current owner, Phil Drake, opened what would soon become
a successful tax preparation business. The younger Drake started developing tax
preparation software in the 1970s. In 1977, he stopped preparing returns and shifted
his focus to tax software.
In 1986, when the IRS implemented electronic filing of individual and business returns,
Phil adopted the new technology, transmitting some of the first e-filed returns
in North Carolina. In 2004, Drake Software won the IRS Modernized e-file Pioneer
Award for its initiative in electronically filing tax returns.
Drake Software Today
Today, more than 34,400 tax professionals nationwide use Drake Software. Each year,
Drake Software processes more than 21 million federal- and state-accepted returns.